Research and Business Development Intern

(6-months full-time paid internship)

 

 Joule Assets Europe Group S.r.l.                                                         Modena/Bologna, Italy                              

Position Description

Currently valued at €8 billion, the European energy efficiency markets have lagged due to a slow sales cycle and high due diligence costs, blocking access to capital and complicating project finance. To address this market failure, Joule Assets Europe provides strategic support to enable investment for Sustainable Energy Assets projects, including energy efficiency, distributed renewables, storage, and building control measures. Joule's online platform, eQuad, provides access to third-party project valuation, performance insurance, project certification, due diligence, and introductions to prequalified capital sources.

Joule Assets Europe is seeking a candidate willing to understand the energy markets structures and assist Joule Assets’ efforts to develop its project portfolio in Europe and maximize the value of investments.  We are looking for a candidate who can find, understand, and analyze energy industry information to strengthen Joule Assets’ research and business development capabilities.

As a Research and Business Development intern, the candidate will:

  • Play an integral role in processing project investment opportunities on Joule’s eQuad platform

  • Conduct market research and gather actionable information, required to assess investment opportunities and maximize project’s returns

  • Perform financial forecasting, operational metrics tracking and financial models for project investment opportunities

  • Analyze results, identify trends, make recommendations and create reports on financial performance of project investment

  • Support staff members as they identify, recruit and negotiate with partners (contractors, energy service companies, etc.) that benefit from providing sustainable energy financing to their customers

The candidate must be a self-starter, with a passion for and experience with information gathering and analysis.  The candidate will:

  • Get an in depth understanding of sustainable energy assets market structure.

  • Acquire hands-on experience in an international business, through collaborating with a wide range of stakeholders all over Europe and the US

  • Acquire hands-on experience in H2020-funded project work

The selected candidate will work in the Modena office, under the supervision of Michael Pachlatko. The candidate will also collaborate and learn from Joule Assets’ experienced teams, based out of New York and Brussels.

Responsibilities – the key responsibilities for this position include:

  • Business development and commercial support (40-50%):

    • Support market research for possible target markets

    • Client support on eQuad, Joule’s proprietary service platform

    • Provide financial analysis on Energy projects

    • Support the due diligence process on sustainable energy project financing

  • European Project work (30-40%):

    • Support stakeholder management in Joule’s various partner networks

    • Provide financial and economic analysis and contribute to project deliverables

  • Execute day-to-day administrative and operational tasks (10-20%)

  • Actively participate in internal strategic discussions on prioritizing initiatives

Experience – the ideal candidate will have knowledge in the following areas:

  • Bachelor’s or Master’s degree in Economics or Finance

  • Experience in project finance and corporate finance

  • Previous exposure to energy market data

  • Full proficiency in MS Excel

  • Financial and quantitative analysis (All candidates will be tested with an Excel based analytical test)

  • Excellent English language skills are essential, any other major European language an additional asset

Attributes – the key attributes for this position include:

  • Creativity, initiative, self-starter

  • Customer service orientation

  • Ability to contribute individually, and participate in a cross-functional team

  • Doggedness, determination and attention to detail

  • Excellent verbal communication skills

  • Ability to create great working relationships with all levels within the company and across multiple disciplines

  • Sense of humor

Compensation and Scope

Full time paid internship for a 6-months period at 40 hours per week located in Modena, Italy, with possibility to relocate to Bologna, with a gross monthly salary of €1000. Keep in mind that 90% of our permanent employees started as interns. The successful candidate is expected to start in July 2019.

If you’re motivated, achievement-driven and enthusiastic about the energy industry, be sure to apply online with your resume and cover letter to info@jouleassets.com.

Application deadline is on 15 June 2019 midnight CET. Only shortlisted candidates will be contacted.

For questions only, contact info@jouleassets.com or call the Italian office at: +39 059 239 621.